General World News

Why VA mortgage loans go to the bottom of the stack

HW+ VA lending - couple buying home

It’s been rejection after rejection for Isabel Williams’ client, a military veteran in Port St. Lucie, Florida. Since the client began the search for her dream home earlier this year, her Veterans Affairs mortgage loan offers have been rejected over a dozen times.

Williams, the broker-owner of We Save Loans, said her client has all but given up on buying an existing home with VA financing. Instead, she is looking to buy a newly-constructed home from a large homebuilder.

Homebuilders, Williams said, are more concerned with the overall investment, and don’t have the same prejudices toward details ⇒

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